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ASEAN Sustainability Bonds

BDO raises PHP100 billion in fifth ASEAN Sustainability Bonds issue

by Contributor January 27, 2026

written by Contributor

Championing Sustainability. BDO Unibank raised PHP100 billion for its fifth Peso-denominated ASEAN Sustainability Bonds issue, twenty times oversubscribed against the original offer of PHP5 billion.

BDO Unibank, Inc. (“BDO” or the “Bank”) successfully raised PHP100 billion for its fifth Peso-denominated ASEAN Sustainability Bonds issue, twenty times oversubscribed against the original offer of PHP5 billion.

This issuance saw robust participation from retail and institutional investors, prompting the early close of the offer period on 16 January 2026. The Bank has raised an aggregate of PHP386.7 billion Sustainability Bonds in five issuances since January 2022.

The Bank’s latest ASEAN Sustainability Bond has a tenor of three (3) years and a coupon rate of 5.7125% per annum. The issue, settlement, and listing date is on 26 January 2026. The net proceeds are intended to support the Bank’s lending activities and diversify funding sources and to finance and/or refinance eligible assets as defined in the Bank’s Sustainable Finance Framework.

Standard Chartered Bank is the Sole Arranger of this issuance, with BDO Unibank, Inc. and Standard Chartered Bank as Selling Agents, and BDO Capital & Investment Corporation as Financial Advisor.

January 27, 2026 0 comments

Business

BDO delivers ₱40.6-B net income, grows core biz

by Contributor July 30, 2025

written by Contributor

BDO Unibank, Inc. (BDO) generated a net income of ₱40.6 billion in 1H 2025, up 3% from ₱39.4 billion last year, driven by strong performance from its core businesses. Earnings growth was tempered by the continuing investments in market coverage and IT spending for operational efficiency. Return on Average Common Equity (ROCE) stood at 13.9% for the period.

Net Interest Income increased by 7% as Gross Customer Loans climbed by 14% to ₱3.4 trillion, with broad-based growth across all market segments. Deposits also expanded by 8% to breach ₱4.0 trillion, with a Current Account/Savings Account (CASA) ratio of 69%.

Non-interest income grew by 15%, driven by the significant contributions from fee-based income and income from insurance operations.

Asset quality improved further, with Non-Performing Loan (NPL) ratio lower at 1.75%, and NPL coverage at 140%.

Shareholders’ equity strengthened by 12% on the back of profitable operations, with Book Value Per Share up by 12% to ₱113.04. The Bank’s Capital Ratio remained strong at 15.4%.

The Bank is set to issue its fourth ASEAN Sustainability Bonds on July 29, 2025 with a minimum aggregate issue size of ₱5 billion. Originally set to run from July 9 to 22, 2025, the strong demand from both retail and institutional investors prompted the early closing of the offer on July 14, 2025. The net proceeds will be used to finance and/or refinance eligible projects and further support the growth of the Bank’s sustainable portfolio.

Amid global uncertainties arising from geopolitical tensions and the imposition of US tariffs, the Philippines is expected to remain resilient, supported by its consumer-driven economy and sustained domestic demand. Likewise, the Bank remains well-positioned to manage emerging risks and capitalize on opportunities given its robust capital base and diversified business franchise.

July 30, 2025 0 comments

Business

BDO shortens offer period for fourth ASEAN Sustainability Bond issue

by Contributor July 15, 2025

written by Contributor

BDO Unibank, Inc. (“BDO” or the “Bank”) disclosed that it has shortened the offer period for its fourth Peso-denominated ASEAN Sustainability Bonds issue. Originally set to run from July 9 to 22, 2025, the Bank decided to close the offer period early, on July 14, 2025, following strong demand from both retail and institutional investors.

The Bank’s latest ASEAN Sustainability Bonds have a tenor of one-and-a-half (1.5) years and bear a coupon rate of 5.875% per annum. The issue, settlement, and listing date will be on July 29, 2025.

The net proceeds of the issuance are intended to finance and/or refinance eligible assets as defined in the Bank’s Sustainable Finance Framework, support the Bank’s lending activities, and diversify the Bank’s funding sources.

ING Bank N.V., Manila Branch (“ING”) was the sole arranger and sustainability coordinator, with BDO Unibank, Inc. and ING as selling agents, and BDO Capital & Investment Corporation as financial advisor.

July 15, 2025 0 comments